Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) Position Cut by Atria Investments Inc

Atria Investments Inc reduced its holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 47.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 95,320 shares of the company’s stock after selling 86,049 shares during the quarter. Atria Investments Inc’s holdings in Invesco S&P 500 Top 50 ETF were worth $4,531,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Redhawk Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter valued at approximately $33,242,000. Thrivent Financial for Lutherans increased its stake in shares of Invesco S&P 500 Top 50 ETF by 868.3% in the second quarter. Thrivent Financial for Lutherans now owns 664,259 shares of the company’s stock worth $30,389,000 after acquiring an additional 595,661 shares during the last quarter. Bricktown Capital LLC purchased a new position in Invesco S&P 500 Top 50 ETF in the second quarter valued at about $27,172,000. Wealth Enhancement Advisory Services LLC increased its position in Invesco S&P 500 Top 50 ETF by 4,253.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 601,146 shares of the company’s stock worth $27,502,000 after purchasing an additional 587,337 shares during the last quarter. Finally, LPL Financial LLC raised its position in Invesco S&P 500 Top 50 ETF by 6.6% during the second quarter. LPL Financial LLC now owns 7,237,697 shares of the company’s stock valued at $331,125,000 after acquiring an additional 448,925 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of NYSEARCA:XLG opened at $49.68 on Wednesday. The business has a 50-day moving average of $47.38 and a two-hundred day moving average of $45.69. Invesco S&P 500 Top 50 ETF has a fifty-two week low of $35.43 and a fifty-two week high of $49.92. The stock has a market capitalization of $4.84 billion, a P/E ratio of 2.92 and a beta of 1.08.

Invesco S&P 500 Top 50 ETF Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.